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Technology Stocks : Comdisco, Inc. (NYSE: CDO) -- Ignore unavailable to you. Want to Upgrade?

To: KevRupert who wrote (603)	10/8/2000 4:24:21 PM
From: Bosco	Respond to of 689

Hi ad - thx. You are right about different people have different opinions. Maybe we should disregard people's backgrounds [FWIW, I did not bring up MM originally :),] if there is no direct involvement in their investment recommendations, and concentrate on the results. With regard to CDO, while we don't know the details, I think there are details worth investigating. To begin with, PRISM is the one of the major cash burner. So, I would think shutting down the unit will actually help the LT financial outlook. Granted that shareholder equity will take a hit, but it should not impact the leasing and off lease sale operations. So, I was wondering why CDO debt was downgraded when she attempts to improve her cash flow performance? Even now, people still compare CDO with CMGI, SFE and ICGE. If you will recall, CDO did a semi cap leasing [lease back] deal with NEC not long ago [was it $600M or $900MM.] My guess is that NEC will be paying real dollar and not stock. So, CDO may be a more complicated model to get at. I guess what I am trying to get at is how much of the 3.3B is from continuous operations and how much from capital gain realization. According to the old data, mark to market is no more than 1/2B. So, does it mean its cash flow is greater than its current market cap? best, Bosco [p.s. on a personal note, while I ve been mostly apolitical, maybe I should take your advice and join the Democratic Party. Do you think it can put a buddhist to good use <VBG>?]